Gas pipeline in Atyrau region to be returned to state ownership

The issue of return of illegally acquired assets in the sphere of commodity gas transportation was considered at the Economic Demonopolization Commission chaired by the Prime Minister of the Republic of Kazakhstan Alikhan Smailov, El.kz cites primeminister.kz.

As a result of the inspection conducted by the General Prosecutor's Office of the Republic of Kazakhstan, it was found that in 2021 a private company acquired a gas pipeline in Atyrau region with a length of more than 200 meters at an undervalued cost and with numerous violations. In particular, the norm of the law on the priority right of the national operator of NC QazaqGaz JSC to acquire gas supply facilities was violated.

As a result of the discussion, the Commission decided to send the relevant materials to the court to recognize the transaction on the transfer of the gas pipeline as invalid and return the asset to the ownership of the state. In the future it is planned to use it for gas supply of large industrial enterprises of the region.

Prime Minister emphasized that similar work should be carried out for a number of other enterprises, where a similar situation has developed.

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